NOT LISTED FOR SALE

Estimated Value: $1,187,000 - $1,744,000

3 Beds
2 Baths
2,400 Sq Ft
$1,250/mo HOA Fee

Last Sold December 23, 2014

Last sale price $999,990 $417 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $11,629/month

106 Days on Market

Highlights

  • Property is near a park
  • 4-minute walk to Exchange Place
  • Elevator
  • Cornelia F. Bradford School Rated A-
  • Wood Flooring
  • 3-minute walk to Paulus Hook Park

About This Home

As of December 2014

Loft style living in historic Bank Building. Rare 2400 sq ft 3 bedroom, 2 bath condo w/parking. Home boasts 14 ft ceilings, bamboo floors, oversized windows, w/d in unit & abundance of closet space. Kitchen has been upgraded with new s/s appliances including Viking range & microwave, wooden cabinetry, granite counters & breakfast bar. Separate dining room that opens to an airy living room. Spacious master bedroom suite w/mahogany built ins & new renovated bathroom. Generous sized bedrooms plus 2 loft areas.

Last Agent to Sell the Property

Marge Crimmins

CORCORAN SAWYER SMITH License #0228470 Listed on: 07/09/2014

CORCORAN SAWYER SMITH

Last Buyer's Agent

Marge Crimmins

CORCORAN SAWYER SMITH License #0228470 Listed on: 07/09/2014

CORCORAN SAWYER SMITH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,767

Lot Details

  • 0.29

HOA Fees

  • $1,250 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Dining Room
  • Wood Flooring
  • Intercom
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Heat Pump System
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: Personal effects of seller and tenants
  • Legal Lot and Block 00005 / 14301
  • Assessor Parcel Number 44455

Community Details

Overview

  • Association fees include heat, parking, hot water
  • Bank Building Condos

Amenities

  • Recreation Room
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,767

Lot Details

0

HOA Fees

$1,250 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Multi-Level
  • Exclusions: Personal effects of seller and tenants
  • Inclusions: All appliances and lighting fixtures
  • Lead Paint Form: Yes
  • Miscellaneous: Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Assessor Parcel Number: 44455
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 4th
  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 8
  • Total Number Dining Rooms: 1
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Level 1 Number Bedrooms: 3
  • Level 1 Number Dining Rooms: 1
  • Level 1 Full Bathrooms: 2
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 1
  • Level2 Number Other: 2
  • Estimated Sq Ft: 2400
  • Price Per Sq Ft: 416.66

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: 1 Car

Utilities

  • Heating/Cooling: Gas, Heat Pump

Association/Amenities

  • Amenities Included: Intercom, Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Community Room, Elevator, Storage
  • Complex Name: Bank Building
  • Maintenance Fee Includes: Heat, Parking, Hot Water

Fee Information

  • Monthly Maintenance Fee: 1250

Lot Info

  • Geo Address Line: 83 Montgomery St
  • Geo Primary City: Jersey City
  • Geo Quality: 0.95
  • Geo Secondary City: Hudson Co.
  • Geo Update Timestamp: 12/27/2014
  • Geo Zoom Level: 16
  • Lot: 00005

Rental Info

  • Pets: Y

Tax Info

  • Taxes: 12767

Multi Family

  • Total Number Other: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2014
Closed on
Dec 9, 2014
Sold by
Enright Dennis
Bought by
Garber Richard and Robertson Nicole
Seller's Agent
Marge Crimmins
CORCORAN SAWYER SMITH
Buyer's Agent
Marge Crimmins
CORCORAN SAWYER SMITH
List Price
$1,200,000
Sold Price
$999,990
Premium/Discount to List
-$200,010
-16.67%
Current Estimated Value
$1,482,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,580
Avg. Annual Appreciation
3.72%
Original Mortgage
$799,990
Outstanding Balance
$614,366
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$868,205

Purchase Details

Closed on
Jun 6, 1995
Sold by
Webster Edward J
Bought by
Np Funding Ii Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,307
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garber Richard $999,990 Fidelity Natl Title Ins Co
Np Funding Ii Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garber Richard $799,990
Previous Owner Np Funding Ii Lp $233,307
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2014 12/23/14 Sold $999,990 -16.7% $417 / Sq Ft
10/23/2014 10/23/14 Pending -- -- --
07/09/2014 07/09/14 For Sale $1,200,000 -- $500 / Sq Ft
Source: Hudson County MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,853 $1,336,900 $100,000 $1,236,900
2024 $30,040 $1,336,900 $100,000 $1,236,900
2023 $30,040 $1,336,900 $100,000 $1,236,900
2022 $28,316 $1,336,900 $100,000 $1,236,900
2021 $21,444 $1,336,900 $100,000 $1,236,900
2020 $21,524 $1,336,900 $100,000 $1,236,900
2019 $20,588 $1,336,900 $100,000 $1,236,900
2018 $2,544 $1,336,900 $100,000 $1,236,900
2017 $13,338 $171,000 $87,300 $83,700
2016 $13,169 $171,000 $87,300 $83,700
2015 $12,794 $171,000 $87,300 $83,700
2014 $12,712 $171,000 $87,300 $83,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 140009175

Hudson County MLS

APN: 06-14301-0000-00005-0000-C0401